2-bed · 1,551 sqftShoreline - Shahla, Palm Jumeirah · 1st floor · completed 2007

106, Shoreline - Shahla

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 790K2 April 2015
Current rentAED 200K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Shoreline - Shahla

What is 106 worth today?

Last sold for AED 790,000 in 2015

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1 Feb 2025RentedRenewal
AED 200,000/yr12 months · AED 129 per sqft
1 Feb 2025RentedRenewal
AED 200,000/yr12 months · AED 129 per sqft
1 Feb 2024RentedRenewal
AED 157,920/yr12 months · AED 102 per sqft
1 Feb 2024RentedRenewal
AED 157,920/yr12 months · AED 102 per sqft
1 Feb 2023RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
1 Feb 2023RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
1 Feb 2022RentedRenewal
AED 116,000/yr12 months · AED 75 per sqft
1 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
1st of 9
Parking
B2-32
Developer
Nakheel
Completed
2007
Service charge
AED 28,100 /yr
Last sold
AED 790K · April 2015

About 106, Shoreline - Shahla

106 is a two-bedroom apartment of 1,551 sqft on the 1st floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 2 April 2015 for AED 790,000, or AED 509 per sqft, 66% below the AED 1,492 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 200,000 a year: a gross yield of 25.3% on the 2015 price, before the service charge of about AED 28,100 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,025,000; 2010 AED 2,085,000; 2011 AED 1,268,125; 2012 AED 1,650,000; 2013 AED 2,225,000; 2014 AED 2,750,000; 2015 AED 1,971,250; 2016 AED 2,012,500; 2018 AED 1,514,153; 2019 AED 1,420,000; 2021 AED 1,900,000; 2022 AED 2,290,000; 2023 AED 2,900,000; 2024 AED 3,350,000; 2025 AED 3,800,000; 2026 AED 3,802,500Sold by developer, April 2015: AED 790,000 (AED 509 per sqft)

106 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 106, each contractTypical two-bed in Shoreline - Shahla
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 132,500; 2014 AED 158,200; 2015 AED 157,850; 2016 AED 155,000; 2017 AED 140,000; 2018 AED 135,000; 2019 AED 117,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 123,000; 2023 AED 144,500; 2024 AED 168,000; 2025 AED 200,000; 2026 AED 184,000New contract, November 2013: AED 145,000 a yearNew contract, May 2015: AED 150,000 a yearRenewal, May 2016: AED 150,000 a yearNew contract, August 2017: AED 135,000 a yearNew contract, September 2018: AED 125,000 a yearNew contract, October 2019: AED 110,000 a yearNew contract, February 2021: AED 95,000 a yearRenewal, February 2022: AED 116,000 a yearRenewal, February 2023: AED 160,000 a yearRenewal, February 2023: AED 160,000 a yearRenewal, February 2024: AED 157,920 a yearRenewal, February 2024: AED 157,920 a yearRenewal, February 2025: AED 200,000 a yearRenewal, February 2025: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Shahla, and where 106 sits

All 54 2-beds →

106 last sold in April 2015 at AED 509 per sqft, 66% below what two-beds in Shoreline - Shahla were fetching at the time (AED 1,492). Over the last 12 months two-beds sold for AED 3,480,000 to 4,175,000, around AED 2,398 per sqft, and rent for AED 117,522 to 315,000 a year. 106's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20264,175,000
11 Aug 20263,480,000
8 Apr 20264,055,000
26 Feb 20263,550,000
4 2-bed sales in the last 12 months

Shoreline - Shahla

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 13 sold in the last 12 months.

Typical price per sqft
AED 2,244 Up 1.9%
Typical sale
AED 4.18M
Typical rent
AED 180K /yr
Typical yield
5.2%
Shoreline - Shahla, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 108 units in Shoreline - Shahla
Value
1012-bedAED 1.43M · Oct 2018
1023-bedAED 4.48M · Sep 2025
1033-bedAED 4.7M · Jun 2026
1041-bedAED 2.16M · Nov 2023
1052-bedAED 4.18M · Oct 2026
1071-bedAED 2.5M · Jul 2016
1083-bedAED 1.15M · Apr 2009
1–7 of 11

106, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 2 April 2015 for AED 790,000, or AED 509 per sqft.
  • Rented since November 2013 on 14 Ejari contracts. The rent fell from AED 145,000 to AED 95,000 in 2021 and recovered to AED 200,000 by February 2025.
  • At AED 200,000 a year the gross yield on the 2015 price is 25.3%, before a service charge of about AED 28,100 a year (AED 18.13 per sqft).
  • Two-beds in Shoreline - Shahla sold for AED 3,480,000–4,175,000 in the 12 months to November 2026; the building's median across all types is AED 2,244 per sqft.

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 106, Shoreline - Shahla

What did unit 106 last sell for?

AED 790,000 on 2 April 2015, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 200,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 200,000; the unit has been rented since November 2013.

How big is unit 106?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2007.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Shahla sold for AED 3,480,000 to 4,175,000 in the last 12 months, around AED 2,398 per sqft.

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Mortgage on 106, Shoreline - Shahla

Starts from the last sale price (AED 790K, 2 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →